In 2018, China held over $3 trillion in foreign reserves. Over 40 percent of China's reserves were in the form of U.S. Treasuries. This is an example of:

What are the two ways that the government can use fiscal policy to replace spending in a recession?

A. By reducing interest rates or by cutting taxes B. By spending money on government projects or by increasing the money supply C. By spending money on government projects or by cutting taxes D. By spending money on government projects or by reducing interest rates

All of the following are characteristics of a perfectly competitive market except:

A) a large number of sellers. B) perfectly elastic demand. C) a homogeneous product. D) barriers to entry.